P&G to wind down manufacturing, commercial activities in Pakistan

P&G to wind down manufacturing, commercial activities in Pakistan
The photograph released on September 5, 2016, shows an exterior view of the Procter & Gamble office in Karachi, Pakistan. (P&G website/File)
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Updated 02 October 2025

P&G to wind down manufacturing, commercial activities in Pakistan

P&G to wind down manufacturing, commercial activities in Pakistan
  • The firm entered the Pakistani market in 1991 and grew into one of the country’s top consumer goods providers
  • P&G says employees, whose roles are impacted, will be considered for opportunities in operations outside Pakistan

ISLAMABAD: P&G will wind down manufacturing and commercial activities in Pakistan as it transitions to a distributor model in the South Asian country, the American multinational firm said on Thursday.

The move, in line with P&G’s global efforts to accelerate growth and value creation, will see the company shift its business and operating model in Pakistan, according to a P&G statement.

The Ohio-based consumer goods corporation will cut down manufacturing of P&G Pakistan and Gillette Pakistan Ltd. and serve consumers from our “other operations in the region.”

“We will continue to operate the business in the ordinary course until the process is complete, which may take several months,” P&G said in a statement.

“Supporting this Company decision, P&G Pakistan and the supporting regional teams will begin transition planning immediately, with a focus first on P&G people.”

In June, P&G had announced that it would trim its portfolio and cut up to 7,000 jobs over the next two years as part of an overhaul. The firm also lowered its guidance to reflect the impact of trade tariffs and worsening consumption trends, according to Bloomberg.

The decision also makes P&G the latest multinational to scale back from Pakistan, amid wider business and economic challenges including profit-repatriation curbs and weak demand.

The firm entered the Pakistani market in 1991 and grew into one of the country’s top consumer goods providers.

It said that P&G employees, whose roles are impacted by this decision, will be considered for opportunities in other P&G operations outside Pakistan or will be offered separation packages in accordance with local laws, company policies, and our values and principles.

“After consideration of a broad range of options, the Company has decided a third-party distribution model is the most prudent way to continue to serve consumers in Pakistan at this time,” it added.

Separately, Gillette Pakistan said on Thursday it would evaluate a potential delisting following a decision by its parent Procter & Gamble to discontinue its business in Pakistan as part of the consumer product group’s global restructuring program, Reuters reported.

Gillette Pakistan plans to convene a board meeting shortly to evaluate the actions required for this business discontinuation, including the potential de-listing from the Pakistan Stock Exchange, the company said in a filing. 


Pakistan opts to bat first against Bangladesh at Women’s Cricket World Cup

Pakistan opts to bat first against Bangladesh at Women’s Cricket World Cup
Updated 19 min 58 sec ago

Pakistan opts to bat first against Bangladesh at Women’s Cricket World Cup

Pakistan opts to bat first against Bangladesh at Women’s Cricket World Cup
  • Both teams progressed to World Cup out of qualifying round
  • Pakistan will play all seven of its group games in Colombo

COLOMBO: Pakistan won the toss and elected to bat first against Bangladesh in the Women’s Cricket World Cup on Thursday.

Both teams progressed to the World Cup out of the qualifying round in Lahore this year. Bangladesh edged past West Indies on net run-rate.

Bangladesh hasn’t played any ODIs since the qualifying round in April. Skipper Nigar Sultana also wanted to bat first.

Pakistan captain Fatima Sana will be playing her 50th ODI.

Pakistan will play all seven of its group games in Colombo. A semifinal and the final will also take place in the Sri Lanka capital if Pakistan make it that far.

LINEUPS

Bangladesh: Farqana Hoque, Rubya Haider, Sharmin Akhter, Nigar Sultana (captain), Sobhana Mostary, Shorna Akter, Fahima Khatun, Nahida Akter, Rabeya Khan, Marufa Akter, Nishita Akter

Pakistan: Muneeba Ali, Omaima Sohail, Sidra Amin, Aliya Riaz, Natalia Pervaiz, Fatima Sana (captain), Sidra Nawaz, Rameen Shamim, Nashra Sandhu, Diana Baig, Sadia Iqbal


Pakistan, Tajikistan pledge early operationalization of CASA-1000 power line project

Pakistan, Tajikistan pledge early operationalization of CASA-1000 power line project
Updated 28 min 36 sec ago

Pakistan, Tajikistan pledge early operationalization of CASA-1000 power line project

Pakistan, Tajikistan pledge early operationalization of CASA-1000 power line project
  • CASA-1000 aims to allow Tajikistan, Kyrgyzstan to sell excess energy to Pakistan and Afghanistan in the summer months
  • The project, initially meant to allow the export of electricity by 2020, has been stalled for years by turmoil in Afghanistan

ISLAMABAD: Pakistan and Tajikistan have pledged early operationalization of a $1.2 billion Western-backed project to build a power line between Central Asia and South Asia, the Pakistani foreign office said on Thursday, after wide-ranging talks between both sides on trade, investment, defense and security issues.

The statement came after the 6th session of Bilateral Political Consultations (BPC) between Pakistan and Tajikistan in Dushanbe on September 29–30. The Pakistani delegation was led by Additional Foreign Secretary for West Asia and Afghanistan Syed Ali Asad Gillani, while the Tajik side was headed by Deputy Minister for Foreign Affairs, Farrukh Sharifzoda.

The CASA-1000 project, launched in 2016, aims to allow Tajikistan and Kyrgyzstan, former Soviet republics with an extensive network of hydroelectric power plants, to sell excess energy to Pakistan and Afghanistan in the summer months. The project, initially meant to allow the export of electricity to Afghanistan and Pakistan by 2020, has been stalled for years by turmoil in Afghanistan.

“Both sides explored avenues to enhance trade, particularly through increased collaboration in textiles, logistics, agriculture and food, and pharmaceuticals,” the Pakistani foreign office said. “They underscored the significance of regional transport corridors and reaffirmed their commitment to the early operationalization of CASA-1000, aimed at strengthening regional integration and energy security.”

Tajikistan and Kyrgyzstan generate most of their energy from hydropower plants built on the rivers that flow into Kazakhstan, Turkmenistan and Uzbekistan. Tajikistan and Kyrgyzstan limit water release during summer due to lower power demand, angering their neighbors who need water for irrigation. The five countries have failed to reach an agreement after decades of negotiations.

The new power line could smooth flows as power demand in Pakistan peaks during the summer months.

In Feb. 2024, the World Bank, a key CASA-1000 backer, approved resumption of the clean energy project after it was stalled in 2022 due to turmoil in Afghanistan, with the Bank focusing on urgently needed education, agriculture and health programs.

It said construction of the project in the other three countries was nearly complete and these countries had requested that CASA-1000 activities in Afghanistan resume to avoid the risk of the project becoming a stranded asset.

Tajikistan aims to completely switch to green energy and zero emission by 2027.

“The transmission capacity of the CASA-1000 energy project will be 1,300 megawatts, which will be an energy link between Tajikistan, Pakistan, and Afghanistan to provide clean energy not only to regional countries but also fill the need of Pakistan’s industrial sector,” Tajikistan’s Deputy Minister for Energy Jamshed Shoimzoda said in June this year.

“Massive infrastructural projects will be beneficial for all of its stakeholders by fulfilling energy needs and strengthening regional connectivity.”

The United States was initially involved in financing the 1,200-km-long line as part of its New Silk Road initiative to integrate Afghanistan with Central Asia. Other project sponsors have included the World Bank, Islamic Development Bank, the UK Department for International Development, and the European Bank for Reconstruction and Development.


Pakistan expects remittances to hit $43 billion, plans first Panda bond this year — finance minister

Pakistan expects remittances to hit $43 billion, plans first Panda bond this year — finance minister
Updated 02 October 2025

Pakistan expects remittances to hit $43 billion, plans first Panda bond this year — finance minister

Pakistan expects remittances to hit $43 billion, plans first Panda bond this year — finance minister
  • The development comes as Pakistan navigates a tricky path to economic stability under a $7 billion IMF program since averting a default in 2023
  • Finance Minister Muhammad Aurangzeb mentions climate change and population growth as real threats to the $411 billion South Asian economy

ISLAMABAD: Pakistan expects its remittance inflows to rise to $43 billion this fiscal year as it plans to launch the first Panda bond, the country’s finance minister Muhammad Aurangzeb said on Thursday, amid improving macroeconomic indicators.

The development comes as Pakistan navigates a tricky path to economic stability under a $7 billion International Monetary Fund (IMF) program since averting a default in 2023.

Last year, the country’s remittance inflows increased to $38 billion in 2024, compared to $27 billion in 2023, amid efforts to formalize over $400 billion economy by curbing currency smuggling and widening tax base.

“We expect in this fiscal year the remittances to go up to about anywhere between $41-43 billion and that’s a direct function of this macroeconomic stability and a stable currency rate,” Aurangzeb said at a business summit in Peshawar.

The minister shared that Islamabad made a $500 million repayment for Euro bond, while the country is “well positioned” for its next payment of $1.3 billion in April.

“So now we have to go back into the international capital markets, and so God willing, before the year [2025] is out, we expect we’ll have the inaugural Panda bond issued,” he said.

A panda bond is a Chinese yuan-denominated debt instrument issued in China’s onshore bond market by foreign governments, multilateral institutions or companies. It allows overseas borrowers to access China’s vast pool of investors while diversifying funding sources.

“All these positive outcomes of economic stability, this is how it translates into getting the economy moving forward,” Aurangzeb said.

FLOOD RISKS

While he described the country’s economy to be “very resilient,” he mentioned climate change and population growth as threats to the $411 billion economy, which the World Bank says can be around $3 trillion by 2047 given its true potential is realized.

“If [we] are to realize that potential, then we have two existential issues: one [is] dealing with climate change and the other is population,” he said. “Unless we negotiate these challenges, we are not going to get there.”

Aurangzeb’s comments follow deadly floods in Pakistan that have killed 1,006 people since late June and affected millions of others, with the government assessing damages. The latest disaster struck only three years after deluges killed over 1,700 Pakistanis, affected another 33 million and caused around 30 billion in economic losses.

“Climate change is not something which is academic. It is not only adaptation. We are living it day in and day out,” he said.

“So right now, we do not have this room for an economic recovery first that we fix our economic woes and then we start addressing these issues. These have real implications for our people, for livelihoods, for our economy as we go forward.”

Sensing this urgency, the minister said, the government plans to kick in a 300-day plan to mitigate the climate crisis.

“That’s where we are working as whole of the government. We are going to help support assessments to climate change any way we can,” he said.

Similarly, Aurangzeb said, Pakistan’s annual population growth of 2.5 percent leads to issues such as poverty, malnutrition and out-of-school children.

“We are very focused on what we have to do in short to medium terms... we have to get, in terms of a direction for the country, to also negotiate these two existential issues as we go forward,” he added.


Pakistan says Israel’s obstruction of Gaza aid flotilla endangers lives, demands activists’ release

Pakistan says Israel’s obstruction of Gaza aid flotilla endangers lives, demands activists’ release
Updated 02 October 2025

Pakistan says Israel’s obstruction of Gaza aid flotilla endangers lives, demands activists’ release

Pakistan says Israel’s obstruction of Gaza aid flotilla endangers lives, demands activists’ release
  • The flotilla is latest sea-borne attempt to break Israel’s blockade of Gaza, much of which has been turned into wasteland over last two years
  • Last week, the flotilla was attacked by drones, which dropped stun grenades and itching powder on the vessels, causing damage but no injuries

ISLAMABAD: Pakistan on Thursday said that Israel’s interception of the Global Sumud Flotilla, which was en route to Gaza, endangers civilian lives and demanded the release of all activists aboard the vessels, reiterating its call for a ceasefire in Gaza and an end to its blockade.

The Global Sumud Flotilla, which was carrying medicine and food to Gaza, consisted of more than 40 civilian boats carrying about 500 activists, lawyers and parliamentarians, including a Pakistani senator Mushtaq Ahmed Khan.

Israeli forces boarded several boats in the flotilla carrying aid to Gaza and took them to an Israeli port on Wednesday, disrupting a protest that has become one of the most high-profile symbols of opposition to Israel’s blockade.

Pakistan’s foreign office said it strongly condemns the interception of the flotilla to deliver much needed humanitarian assistance to Gaza as a breach of Israel’s obligations under the Fourth Geneva Convention.

“The unlawful detention of international activists onboard the flotilla constitutes yet another flagrant violation of international law and international humanitarian law by Israel, and endangers the lives of innocent civilians,” the Pakistani foreign office said.

“Pakistan reiterates its call for an immediate, unconditional, and permanent ceasefire across all Occupied Palestinian Territories; the lifting of the illegal blockade of Gaza; unfettered access and provision of humanitarian assistance to the Palestinian people.”

The flotilla is the latest sea-borne attempt to break Israel’s blockade of Gaza, much of which has been turned into a wasteland by almost two years of war that has killed over 65,000 Palestinians. The flotilla’s organizers denounced Wednesday’s raid as a “war crime.” They said the military used aggressive tactics, including the use of water cannon but that no one was harmed.

A video from the Israeli foreign ministry verified by Reuters showed the most prominent of the flotilla’s passengers, Swedish climate campaigner Greta Thunberg, sitting on a deck surrounded by soldiers.

The flotilla’s progress across the Mediterranean Sea had garnered international attention as nations including Turkiye, Spain and Italy sent boats or drones in case their nationals required assistance, even as it triggered repeated warnings from Israel to turn back.
Pakistan, which does not diplomatic relations with Israel, called for immediate release of all humanitarian workers and activists onboard the flotilla and accountability for Israel’s repeated violations of international law.

“Pakistan reaffirms its unwavering support and solidarity with the Palestinian people in their just struggle for the realization of their inalienable right to self-determination and for the establishment of a viable, independent, sovereign and contiguous State of Palestine, based on pre-1967 borders,” its foreign office said.

The flotilla had hoped to arrive in Gaza on Thursday morning if it was not intercepted. This was the second time the flotilla was approached on Wednesday. Before dawn, the mission’s organizers said two Israeli “warships” had encircled two of the flotilla’s boats and scrambled its communications.

Last week, the flotilla was attacked by drones, which dropped stun grenades and itching powder on the vessels, causing damage but no injuries. Israel did not comment on that attack, but has said it will use any means to prevent the boats from reaching Gaza.


Qatar Charity mobilizes emergency relief after floods kill over 1,000 in Pakistan

Qatar Charity mobilizes emergency relief after floods kill over 1,000 in Pakistan
Updated 02 October 2025

Qatar Charity mobilizes emergency relief after floods kill over 1,000 in Pakistan

Qatar Charity mobilizes emergency relief after floods kill over 1,000 in Pakistan
  • The floods have damaged 12,569 homes, 1,981-km of roads and washed away 6,509 livestock, besides inundating standing crops on hundreds of thousands of acres
  • The government of Prime Minister Shehbaz Sharif is still assessing the damages from the latest deluges, which come just three years after the 2022 cataclysmic floods

ISLAMABAD: Qatar Charity has distributed emergency relief aid, including food baskets, hygiene kits and medical camps, in flood-affected communities in Pakistan, it said on Wednesday, after deluges killed more than 1,000 people.

The floods, triggered by heavy monsoon rains and India’s release of excess water, have killed 1,006 people in Pakistan since Jun. 26 and submerged vast tracts of land, mainly in Punjab province where over 4 million people have been affected.

The government of Prime Minister Shehbaz Sharif is still assessing the damages from the latest deluges, which come just three years after the 2022 floods that inundated a third of the country, affected 33 million people, and caused an estimates loss of $30 billion.

Qatar Charity, which aims to provide support for vulnerable communities through robust social welfare systems, has organized free medical camps, distributed 500 hygiene kits and delivered 2,500 dry food baskets to the flood-affected Pakistanis as part of its aim to support vulnerable communities internationally.

“Since late June, Qatar Charity has been actively engaged in addressing the devastating impacts of the ongoing monsoon floods in Swat, Shangla, in KP and Jhang, Muzaffargarh in Punjab,” it said.

“Qatar Charity rapidly activated its emergency response across affected and at-risk areas, working with provincial governments, disaster management authorities, UNICEF and communities to deliver life-saving assistance in food security, health, nutrition, and WASH (Water, Sanitation, and Hygiene).”

It said the response prioritized life-saving community needs while strengthening coordination and information management for effective multi-sectoral action.

The floods have damaged 12,569 homes, 1,981 kilometers of roads and washed away 6,509 livestock, besides inundating standing crops on hundreds of thousands of acres of land.

“With floodwater everywhere, we had no access to roads or food. My children were crying in hunger,” Shahnaz Bibi, 38, whose home and livestock were destroyed, was quoted as saying by the charity. “The Qatar Charity team delivered a food package to my doorstep. This is truly a blessing from Allah.”

Shakir Ullah, another 40-year-old beneficiary, shared that he lost four of his relatives to the recent floods.

“My home was destroyed, and I am now staying at a relative’s house with no income and no access to roads,” he said. “Qatar Charity reached out to me and provided a food pack that will sustain me for more than a month.”

The charity’s Rapid Needs Assessment (RNA), in collaboration with United Nations agencies and other stakeholders, identified in Khyber Pakhtunkhwa over 1.57 million people affected with critical gaps in nutrition, education, and WASH services, while in Punjab, it identified 4.2 million people affected and 2.8 million displaced in the 18 targeted districts, according to the charity.

It said it had managed to conduct free general medical screening camps in Punjab’s Jhang and Muzaffargarh and reached about 22,000 people, while it reached about 30,000 people through free eye medical screening camps in the two districts.

Additional, Qatar Charity, it will sign an agreement to End Child Wasting, Nutrition Prevention, Promotion and Management Intervention in four flood-affected districts of Punjab.